Cell Phone & Small Gadget Repair-Inland Empire

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This listing is: Off Market

Background

BizEx ID:BizEx663-TP
General Location:Riverside, CA
Category: Miscellaneous Repair
Cell Phones
Years in Business:6 years
Under Present Owner:6 years
Hours of Operation:M-F 11-7, Sat 11-5
Owner Hours:M-F 11-7, Sat 11-5
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:10/13
Lease Options:2 Three Year Options
Building Size:650
Employees:4
Reason for Sale:Focus on Franchise Expansion

Financials

Asking Price:$198,000
Down Payment:Negotiable
Gross Sales:$222,688
Discretionary Cash Flow:$78,665
FF&E:$15,000
Inventory Included?
Inventory:$50,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,438
Payroll:$8
Financing:Call

2013** 2012 2011
Gross Sales $ 192,010 $ 222,688 $ 170,632
Gross Profit $ 112,518 $ 133,287 $ 83,954
Disc. Earnings $ 70,739 $ 78,665 $ 55,634

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations